Music Business News: France

SACEM signs multi-territory digital licensing deal with Music Sales Group

SACEM will manage the licensing, collection and distribution of royalties for nearly 120,000 works

Why Believe just bought 49% of one of France’s leading indie labels (and why it’s not worried about Spotify’s user uploads).

Denis Ladegaillerie discusses his latest acquisition and Spotify's big move

Pascal Nègre: ‘Article 13 would take the music industry backwards.’

"It would erect new barriers for the creators and artists," says French music industry legend

The major labels now turn over more than $1bn a month. But who’s ruling 2018?

Streaming revenues at the major labels have almost doubled over the past two years

Universal and Sony are now turning over more than $500k from streaming every hour

And they're both generating over $1m an hour from all formats...

Kobalt signs David Guetta to global publishing admin deal

Deal includes back catalog including No.1 records

Deezer raises $185m as new investment values company at over $1bn

Access and Orange come back to the table, alongside Dubai-based Rotana

Vivendi set to sell up to 50% of Universal Music Group within 18 months – but rules out IPO

"A sale of up to 50% of UMG’s share capital to one or more strategic partners, in order to extract the highest value"